HONG KONG, Oct 18, 2015 - (ACN Newswire) - APT Satellite Holdings Limited (together with its subsidiaries collectively known as the "Group") (HKEx stock code: 1045), provider of high-quality satellite transponder, telecommunications and broadcasting services, is pleased to announce today its APSTAR 9 Satellite has been successfully launched into a designated orbit aboard the Long March 3B/E launch vehicle of China Great Wall Industry Corporation on 17 October 2015.
APSTAR 9 Satellite, which is a new in-orbit satellite of the Group, was commissioned in November 2013 for the purpose of further expanding the satellite transponder capacities and service capability of the Group in the region. APSTAR 9 Satellite is a DFH-4 series platform high power geostationary communication satellite with 32 C-band (39.5 x 36 MHz equivalent) and 14 Ku-band (21 x 36 MHz equivalent) transponders. After the in-orbit delivery, APSTAR 9 Satellite will subsequently replace APSTAR 9A Satellite. The C-band transponders of APSTAR 9 Satellite provides broad coverage for entire Asia and Pacific island countries. The Ku-band transponders of APSTAR 9 Satellite are built with sophisticated Ku-band coverage over a broad region stretching from East India Ocean to West Pacific Ocean region leveraging the in-flight connectivity and maritime demands, so as to expand the customer base and increase the business revenue and profit.
Mr. Cheng Guangren, Executive Director and President of the Group, said, "The successful launch of APSTAR 9 Satellite marks a major milestone in the development of the Group. It has 46 transponders in total, which will enable us to expand our satellite service and customer base. It will also help broaden our revenue stream and strengthen our competitive edges and growth potential going forward. The footprint design of APSTAR 9 Satellite covers broad oceanic region supporting the in-flight connectivity and maritime demands. The market feedback so far has been excellent. After the completion of the in-orbit test, all the existing customers on APSTAR 9A Satellite will move to APSTAR 9 Satellite."
Mr. Cheng added, "Looking ahead, we expect the high utilization rate of APSTAR 9 Satellite will enhance the Group to build up customer base and achieve better business performance in the coming years."
Dr. Brian Lo, APT Satellite Holdings Limited
Tel: Office (852) 2600 2336
Fax: (852) 2522 0419
Topic: Press release summary
Source: APT Satellite Holdings Ltd
Sectors: Daily News
From the Asia Corporate News Network
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